RAKBANK

RAKBANK is one of the oldest national banks in the UAE, offering a wide range of banking services to both individuals and businesses. Established in 1976, the bank is regulated by the Central Bank of the UAE and is focused on delivering innovative, accessible, and reliable financial solutions.

RAKBANK is actively expanding its operations across the UAE, strengthening its presence in the retail banking sector and solidifying its position among banks serving small and medium-sized enterprises. The bank offers a broad portfolio of products for personal and corporate clients, including solutions based on Islamic banking principles, and continuously implements advanced technologies to enhance service quality and accessibility.

RAKBANK operates a network of around 300 ATMs across the UAE, providing 24/7 access to a variety of banking services, including cash withdrawals and deposits, cheque deposits, loan payments, bill and utility payments, transfers, and other services. More than 170 ATMs support contactless transactions via NFC and mobile wallets, including Apple Pay, Samsung Pay, Google Pay, Garmin Pay, and Fitbit Pay.

Main banking programs RAKBANK offered:

• Non-Resident Elite Banking
  A premium program for affluent non-residents, offering direct access to the UAE banking system. Clients can open current and savings accounts, place funds, and access a wide range of international investment solutions. The program includes offshore investment options, personalized relationship management, and priority banking services.
• RAKislamic Elite
  A premium Islamic banking program for affluent clients who prefer financial solutions aligned with Shari’a principles. It provides direct access to the UAE banking system, including account opening, investments, and asset management. The program offers dedicated relationship support, priority service, and tailored Shari’a-compliant financial solutions.
• RAKBANK Select 
  A premium offering designed for affluent clients without the requirement to maintain a high balance. The program provides priority service, access to premium banking products, personalized support, and reduced fees.
• Elevate Premium Pass Program
  A lifestyle program by RAKBANK in partnership with the Viya platform, providing holders of Elevate World Elite Credit Cards access to exclusive leisure and premium services across the UAE.
• Commercial Elite
  A premium program for corporate clients, offering priority access to transaction services, foreign exchange operations, and specialized business banking solutions.